Maha govt sets up committee to revive closed SMEs
The Dollar Business Bureau The Maharashtra government has devised a committee, which will look into the reasons leading to the closure of small and medium-scale enterprises (SMEs) in Marathwada and Vidarbha regions. The main aim behind this move is to make the state industry-friendly and also to create employment opportunities in the state. The committee is headed by Sudhir Mungantiwar, the state finance minister. The Minister said that there are overall 2,54,050 small scale industries in Maharashtra out of which 30,549 are shut down. The minister said that the government officials and small scale industry representatives are a part of the committee. The committee is supposed to file its findings within four months in order to revive the closed down industrial enterprises. Mungantiwar said ...
China expresses interest in Make in India campaign
Several Chinese investors are showing keen interest to invest in India as an attractive investment destination for its companies The Dollar Business Bureau China will broadly focus on the Make in India and Make in Maharashtra campaigns to further its cause With the ongoing Make in India campaign, several delegations from the neighbouring countries are a part of the summit. China is also showing a keen interest in the Make in India campaign as India has made tremendous progress in terms of its services. India is progressively improving its services for Chinese investors, like fast license approval, ease of obtaining work permits and business visas. According to the Zheng Xiyuan, the Chinese Consul General, China and India have become the two strongest driving forces ...
